On 7 June 2012, Citycon announced the signing of an agreement to acquire shopping centre Albertslund Centrum in the municipality of Albertslund, west of Copenhagen, Denmark, for DKK 181 million (approximately EUR 24 million). Closing of the transaction took place on 1 July 2012. The transaction has been described in greater detail in the company's stock exchange release issued on 7 June 2012. Additionally, the company will acquire the grocery store extension included in the transaction at the time of its completion in the end of 2014.
Citycon now owns and manages a total of 37 shopping centres and 40 other retail properties in Finland, Sweden, Denmark, Estonia and Lithuania.
Helsinki, 2 July 2012
For further information, please contact:
Marcel Kokkeel, CEO
Tel. +358 20 766 4521 or +358 40 154 6760
NASDAQ OMX Helsinki
Citycon’s Shopping Centre Acquisition in Denmark finalised
Stock exchange releases - 2 July 2012